#MulticoinCapital

[basechop]

Institutional Interest Surges in Cryptocurrency Industry: ForkLog Overview

The cryptocurrency industry continues to witness a surge in institutional interest, with significant investments pouring into infrastructure and a growing focus on Bitcoin as an asset class. Here's a roundup of recent highlights from ForkLog: - Oobit: Secured a substantial $25 million investment in Series A funding led by Tether and CMCC Global, with support from Solana Co-Founder Anatoly Yakovenko and 468 Capital. Oobit's platform allows clients to make purchases using digital assets at any Visa or MasterCard-accepting locations, with merchants receiving fiat currency. - Nibiru Chain: Closed a $12 million funding round from venture funding and a successful CoinList community sale. Investors include Kraken Ventures, ArkStream, NGC Ventures, Master Ventures, Tribe Capital, and Banter Capital. The project aims to prepare for a significant growth phase. - Superform: Concluded a successful seed funding round, raising $6.5 million led by Polychain Capital. The platform, now live in early access on seven chains, enables DeFi protocols to list their repositories or asset pools, allowing users to contribute funds for profit. - Flood: Secured $5.2 million in seed funding for its decentralized exchange (DEX) aggregator. The protocol operates on Arbitrum One and plans to expand to Ethereum, Base, and Optimism in the coming months. - Glif: Raised $4.5 million in seed funding, led by Multicoin Capital, with participation from various investors. Glif, the largest protocol in the Filecoin ecosystem, enables token holders, providers, and miners to earn through staking. - LightLink: Attracted $4.5 million in seed funding for its Ethereum Layer 2 solution. The round was led by T&B Media Global and MQDC, with support from other key Web3 VCs. LightLink's technology will support the Translucia project, integrating virtual and physical worlds with $300 million in funding. Additionally, recent developments on ForkLog include substantial investments in Bitcoin-DEX Portal and Cube, along with Binance's backing of Puffer Finance's liquidity restaking protocol. Read the full article

[detikdax-blog]

$ 20 Triliun Utang AS Secara Tidak Terelakkan Akan Menimbulkan Boom Crypto Besar: Investor Terkemuka

CEO ShapeShift Erik Voorhees mengatakan bahwa meningkatnya utang AS, yang melayang sekitar $ 21,7 triliun per November, pasti akan menyebabkan lonjakan besar dalam crypto. “Ketika krisis keuangan global berikutnya terjadi, dan dunia menyadari organisasi dengan utang $ 20 triliun tidak mungkin membayarnya kembali dan dengan demikian harus mencetaknya, dan dengan demikian fiat ditakdirkan. Tonton apa yang terjadi pada crypto. " Voorhees menyarankan bahwa untuk membayar utang nasional, pemerintah dan cadangan federal akan dipaksa untuk mencetak lebih banyak uang fiat, yang mengarah ke inflasi dan penurunan daya beli dolar AS.

Lembaga Keuangan Utama Termasuk BlackRock Khawatir

BlackRock , manajer aset terbesar di dunia dengan lebih dari $ 6,317 triliun dalam aset yang dikelola, adalah lembaga keuangan utama terbaru untuk mengungkapkan kekhawatiran mengenai utang nasional AS yang meningkat pesat. CEO konglomerat, Larry Fink , menyatakan bahwa pemerintah AS sedang menuju masalah pasokan karena defisit anggaran negara yang meningkat. Mulai tahun depan, Fink mencatat bahwa AS dapat dipaksa untuk meminjam $ 1 triliun per tahun. Kenaikan tingkat inflasi dolar AS, seperti yang ditunjukkan oleh meningkatnya suku bunga dari Federal Reserve, telah menjadi terlalu tinggi untuk menopang perekonomian. “Itu bisa menjadi masalah nyata yang berkaitan dengan segala sesuatu: di mana kita memiliki tingkat bunga menjadi terlalu tinggi untuk menopang perekonomian dengan tingkat pertumbuhannya,” CEO BlackRock Larry Fink mengatakan .

Jam Utang AS | Sumber: Jam Utang Nasional Nouriel Roubini, seorang profesor di NYU Stern School dan seorang skeptis cryptocurrency , menggemakan sentimen Fink, menekankan bahwa tingkat bunga telah meningkat ke titik di mana ekonomi AS tidak dapat menandinginya dengan tingkat pertumbuhannya. “Kedua, karena stimulus itu tidak tepat waktu, ekonomi AS sekarang terlalu panas, dan inflasi naik di atas target. Federal Reserve AS akan terus meningkatkan suku bunga federal dari 2% saat ini menjadi setidaknya 3,5% pada 2020, dan itu kemungkinan akan mendorong suku bunga jangka pendek dan jangka panjang serta dolar AS, ” kata Roubini. , memprediksi krisis keuangan besar pada tahun 2020. Jika krisis keuangan akan terjadi pada akhir 2020 seperti yang diprediksi oleh banyak ekonom di AS terutama karena suku bunga terlalu tinggi yang ditetapkan oleh Federal Reserve, maka dolar AS dapat turun secara substansial dalam nilai dan membuka investor untuk menyimpan nilai seperti emas dan cryptocurrency yang nilainya tidak bergantung pada ekonomi global.

10 Tahun Berikutnya Akan Menarik

Vinny Lingham, pendiri Civic dan mitra di Multicoin Capital, mengatakan bahwa lebih banyak kekayaan akan diciptakan dalam crypto dalam 10 tahun mendatang daripada sepuluh tahun terakhir, meskipun beberapa koreksi besar yang dihadapi pasar dan akan terus berlanjut di tahun-tahun mendatang. datang. “Lebih banyak kekayaan akan dibuat dalam crypto selama 10 tahun ke depan, daripada selama 10 tahun sebelumnya. Tapi ingat, seperti kisah sukses lainnya, itu tidak akan menjadi garis lurus. Tetap percaya dan bersabarlah. ” Read the full article

[billionairebeat]

Jordan suits up for the Chicago Bulls in 1996.AP Photo/Beth A. Keiser

Multicoin Capital and Jump Crypto led a $46 million funding round for Metaplex. Nearly 100 individual investors also participated, including NBA legends Michael Jordan and Allen Iverson. Metaplex allows users to build Solana-based NFT marketplaces, and has already been used to make over 85,000 projects.Sign up here for our daily newsletter, 10 Things Before the Opening Bell

Metaplex, which allows users to build Solana-based NFT marketplaces, completed a $46 million funding round that included NBA legends Michael Jordan and Allen Iverson.

Multicoin Capital and Jump Crypto led the fundraise, with Solana Ventures, Alameda Research, and Animoca Brands also participating — in addition to nearly 100 individual investors. 

The capital infusion will allow the company to expand more broadly into gaming and metaverse applications in 2022, and also provide grants to support underrepresented communities, according to Metaplex. 

The company's protocol has been used to make over 85,000 projects and over 5.7 million NFTs since it launched in June 2021, according to Metaplex. Since then, it also has handled $385 million worth of NFT transactions, led by Degen Ape Academy and Aurory.

"We believe the metaverse will be open, censorship-resistant and globally accessible," Sergey Vasylchuk, director of the Metaplex Foundation, said in a press release. "In this metaverse, Metaplex will serve as a common protocol and NFT standard to empower the next wave of decentralized commerce, social and gaming experiences."

Cryptocurrency exchange FTX supported Metaplex's initial launch of its NFT marketplace, as the platform was meant to bolster the infrastructure of the Solana network. 

In September, Metaplex tapped Adam Jefferies as new CEO, while naming high-profile board members from Coinshares, Saber Labs, and Cultur3 Capital.

Interest in the startup comes as the total market capitalization of Solana's NFT market recently passed $1 billion, per Solanalysis data. 

JPMorgan noted that ethereum is losing ground to rivals in the NFT marketplace, and that solana could see a boost. Due to sky-high transaction fees on the network, the bank's analysts found that ethereum's NFT volume share has fallen from 95% to around 80% over the past year.

By: prosen@insider.com (Phil Rosen) Title: Michael Jordan-backed NFT marketplace Metaplex raises $46 million in latest funding round to expand into metaverse Sourced From: markets.businessinsider.com/news/currencies/nft-marketplace-metaplex-funding-round-michael-jordan-allen-iverson-metaverse-2022-1 Published Date: Tue, 18 Jan 2022 17:15:46 +0000

https://markets.businessinsider.com/news/currencies/nft-marketplace-metaplex-funding-round-michael-jordan-allen-iverson-metaverse-2022-1

#jumpcrypto #multicoincapital #animocabrands

[cryptoknowmics]

✅ The CEO of dForce in a blog post, however, mentioned that the hacker is in touch with his team and looks like he is willing to strike a deal. The exchange team made a call to the hackers to......read more 

#dForce #CEOofdForce #Cryptoexchange #Cryptonews #cryptocurrency #crypto #blockchain #blockchaintechnology #Blockchainnews #bitcoins #houbi #Multicoincapital #Multicoin #Yang #MindaoYang

[investmentideas-blog1]

Multicoin Capital : A Crypto Hedge Fund

Interview #KyleSamani cofounder and Managing Partner at #MulticoinCapital

Interview with Kyle Samani cofounder and Managing Partner at Multicoin Capital

Can you introduce yourself and your role in Multicoin Capital?

My name is Kyle Samani. I’m a cofounder and Managing Partner at Multicoin Capital, a hedge fund that invests exclusively in crypto.

I started programming when I was about 10 years old. I studied finance at NYU, then started my first tech company when I was…